Sterling Heights, MI Conventional Restaurants for Lease
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Sterling Heights, MI Conventional restaurants Lease Rates & Market Statistics
Browse 5 Conventional restaurants for lease in Sterling Heights, MI on Realmo, a commercial real estate marketplace serving the Sterling Heights area. The current inventory totals 6,464 square feet of properties.
Asking lease rates for Conventional restaurants in Sterling Heights start at $41.77 SF/Yr, average $106.43 SF/Yr, and reach $171.08 SF/Yr at the top of the market. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $106.43 SF/Yr, the local average runs 421% above Michigan's state average of $20.43 SF/Yr.
Sterling Heights accounts for 28% of the 18 conventional restaurants currently available across Macomb County, where nearby markets include Clinton Township and Eastpointe. Conventional restaurants make up 45% of the 11 Restaurants currently for lease in Sterling Heights, with asking rates averaging $106.43 SF/Yr — 17% above the citywide Restaurants average of $90.95 SF/Yr. Also worth a look for tenants weighing alternatives: Other restaurants (4 listings) and Drive through restaurants (3 listings) elsewhere in the Sterling Heights market.